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20121207
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ABC
Nov 29, 2012 4:30am PST
on one of the bay area's most treacherous roads. >>> president obama welcomes mitt romney to thekkú white houe for a private lunch today. the first time two campaign foes have met since the election it willful fill a promise mr. obama made. the white house says there is no specific agenda, except the president would like to discuss romney's ideas for making government more efficient. >> treasury secretary geithner and white house aide neighbors head to capitol hill today for separate talks on the so-called fiscal cliff. they will discuss now to avert tax increases and spending cuts due to begin in january. >>> little progress in talks between the white house and house speaker boehner. >>> if you the past few days wishing you had -- california may be getting into the big game power ball played in 42 other states. lottery officials meet today expected to adopt regulations to join power ball on the heels of the staggering jackpot of 579 million dollars two winning tickets were drawn, sold in arizona and missouri. california retailers could begin selling the $2 tickets next year would it brin
ABC
Dec 2, 2012 5:30pm PST
kerley at the white house tonight. >> reporter: president obama and his white house team appear confident with the stronger hand in talks with house republicans, demanding and believing tax rates for the wealthy are going up. >> there is no responsible way we can govern the country with those low rates in place for future generations. those rates are going to have to go up. >> i was flabbergasted. i look at him and i said, you can't be serious. >> reporter: the two sides are seriously far apart. the president wants $1.6 billion in new tax revenue over ten years. the speaker wants half that. the president wants spending cuts, $600 billion. to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not par
ABC
Nov 29, 2012 11:00am PST
president george w. bush. >>> happening now president obama hosting republican mitt romney at the white house for a private lunch. romney arrived this morning walked into the west wing alone. it is the first meeting between the two since romney lost to president obama in the november election. that get together fulfills a promise president obama made during his election night victory speech. the white house says the president wants to talk about romney's ideas for making government more efficient. >>> lisa argen checks out where the showers are next. >>> we went all morning without airport delays now we have delays at sfo rain, wind gusts over 25 miles an hour. we are beginning to see the affects of a windy, rainy afternoon i'll dale when the next storm heads our way, how much rain, coming up. >> -- >>> actress lindsay lohan has been realized again. latest incident that sent her to jail overnight. >>> a film based on the shooting death of oscar grant will premiere at the sundance film festival the movie is selected to compete for best dramatic film in utah next week. it is expected to c
ABC
Nov 29, 2012 5:30pm PST
obama, opening the white house doors today, to the man who had once hoped to move in there as president himself. take a look. there they were, standing in the oval office, the president and governor mitt romney. they would spend more than an hour at a private lunch and everyone was wondering if somehow, they would agree to work together on america's fiscal crisis. our jonathan karl has been on the phone today to find out what happened. >> reporter: it wasn't the way mitt romney wanted to arrive at the white house. over the gaze of the oval office portrait of abraham lincoln, known for his team of rivals, romney and obama met alone for an hour. by all accounts, much more cordial than their last encounter. >> no, i had a question, and the question was -- >> you want me to answer a question. >> reporter: on the menu, white turkey chili and southwestern grilled chicken salad. and some fence mending. but down the street, on capitol hill, was where the real fireworks were. partisan sniping and a clear sign that talks on averting the so-called fiscal cliff and preventing a big tax hike for eve
ABC
Nov 29, 2012 5:00am PST
roadway. >> president obama welcomes mitt romney to the white house for a private lunch today, the first time the two have met since the election. it willful fill a promise mr. obama made during his victory speech. the white house says there is no specific agenda for the meeting, except the president would like to discuss romney's ideas. >>> treasury secretary geithner and a white house aide head to capitol hill today for separate talks on the so-called fiscal cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on
ABC
Nov 29, 2012 6:00am PST
>>> president obama welcomes mitt romney to the white house for a private lunch today, the first time the two have met since the electric. it willful fill a promise mr. obama made during his victory speech. the white house says there is no specific agenda for meeting. >>> 6:47. that going to be in the news as well. also bacon lovers may want to know about this. >>> jane king live at the new york stock exchange. >>> more talks today aimed at avoiding the fiscal cliff. time geithner going to capitol hill to meet with leaders of the highways and -- leaders of the house and senate. meantime, a report coming out a few minutes on october pending home sales investors will be watching that. stocks this morning are higher, economic growth last quarter stronger than previously thought. seems like folks on wall street, a little more optimistic there will be a budget deal reached. bloomberg index also higher. i know people like hearing about new and unusual products. there's a lot this year. bacon lovers may be happy to hear, bacon shaving cream, about $15 a jar, high end luxurious bacon scented shaving
ABC
Nov 29, 2012 1:05am PST
is an outsized 300 pound gingerbread model of the white house sit it's in state dining room. mrs. obama helped the children of military families make holiday decorations and bo, the port g
ABC
Dec 3, 2012 4:00am PST
, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the san francisco bay area. and this, take a look at it, one of the hardest hit regions, vineyards all over napa valley under water right now. >> a much dryer day is on
ABC
Nov 28, 2012 5:30pm PST
washington to get to work and get a job done. here's abc's senior white house correspondent jake tapper with the story. >> reporter: president obama today continued his public relations push, surrounding himself with supporters who wrote the white house, saying they do not want to see a tax increase on the middle class. it's all part of a move to rachet up pressure on republicans in congress to reach a deal before the nation goes off the so-called fiscal cliff, which would increase taxes for the average family by $2,200. >> that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition. >> reporter: but house republicans will not relent on their opposition to any plan that would raise taxes on the wealthy. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate.
ABC
Dec 4, 2012 5:30pm PST
, house speaker john boehner did come to the white house last night for president obama's annual holiday party for members of congress, but he did not get in the receiving line to say hello to the president and get a picture taken with him as he has done in previous years and as dozens, if not hundreds, of members of congress did last night. diane? >> okay, jake tapper reporting from the white house tonight. >>> and now we head overseas. take a look at the size of this protest today in cairo, egypt, tahrir square, tens of thousands of protesters reeling from tear gas but determined to send a message to the world about their new duel over democracy, and here's abc's alex marquardt. >> reporter: they came by the tens of thousands hurling stones, pulling down barricades, riot police fired volleys of tear gas and retreated. as the masses grew, president mohammed morsi left the palace. ever since the revolution that captivated the world, egypt has struggled on its road to democracy. two weeks ago, president morsi gave himself unchecked powers -- he says to put egypt on a democratic path. ther
ABC
Dec 4, 2012 4:30am PST
deepens, thank you. the back and forth continues in washington between congress and the white house over the so-called fiscal cliff. this morning president obama will host some of the nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on the top 2% of income earners. republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the rankings, nurses, 84% of americans gave them the highest marks and of course meteorologists right behind that >> i was going to say even though it is not darn -- not a 100% science -- [ talking over each other ] >> 100% science that has accuracy, a little less --
ABC
Nov 29, 2012 7:00am PST
on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate in libya are answered. collins said if president obama nominates senator john kerry instead, he would have no trouble winning confirmation. >>> and breaking news out of new york. lindsay lohan has been arrested again, after a fight at a nightclub here in the city early this morning. she is facing assault charges for allegedly punching a woman in the face. police are not saying how long they intend to keep her in
ABC
Nov 29, 2012 1:40am PST
presidential candidate is meeting president obama for lunch today in a private white house dining room. now, the president had promised, of course, in his victory speech that he would reach out to his rival. romney has been spending most post election time at his family's home in southern california. wouldn't you like to be a fly on the wall of that one? ♪ awkward >> slightly. or maybe they will actually be more, more warm and hospitable than we think. >> you think with such a partisan, divisive election. you wonder how they kind of break that ice, and the president with his political role model, lincoln. team rival. there was at some point, romney would be treasury secretary. a little unlikely. at least give romney a role in some economic council or advisory position. >> the president has gone on record and says he respects romney for his work with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >>
ABC
Dec 5, 2012 7:00am PST
is covering it all from the white house. and it's clear that president obama believes he has the upper hand here. >> reporter: he sure does, george. and later today, president obama will speak to corporate executives at the business roundtable. and he'll try to enlist their help in his negotiations with congressional republicans. and his latest demand, that congress remove its own power as it stands right now, to raise the debt ceiling. it is a bold gambit that congressional republicans are already calling a non-starter. paul ryan stepped back into the spotlight late tuesday, with a feisty shot at the president. >> i congratulate him on his victory. but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we
ABC
Dec 4, 2012 7:00am PST
right now. the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dancing with t
ABC
Nov 29, 2012 4:00am PST
is going to the white house after all. the former republican candidate is meeting president obama for lunch in the private dining room. mr. obama had promised in his victory speech that he would reach out to his rival. while in washington, romney will sit down with his former running mate, paul ryan. now, that lunch is not going to be open to the media. but, oh, to be a fly or anything on that wall. >> awkward. have fun, fellas. >>> when we come back this morning, get your motor running. the new cars getting the buzz at the l.a. auto show. >>> and you're going to need big bucks at starbucks. the $7 cup of coffee is here. >>> and we can't get enough of powerball. what we're learning about the winning tickets. and a little advice for next time. >>> and welcome back, everyone. three former bp workers are free this morning after being arraigned on manslaughter charger, stemming from the deepwater horizon oil rig explosion. they pleaded not guilty yesterday in new orleans and were released on bond. the men are accused of disregarding high pressure readings just before the blast that killed 11 wo
ABC
Dec 4, 2012 5:00am PST
:44. the back and forth continues in washington between congress and the white house over the so-called fiscal cliff. this morning president obama will host some of nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on top 2% of income earners. republicans countered with plan it would raise 800 billion dollars in revenue but doesn't call for raising tax rates on the wealthy the proposal was quickly rejected by the white house. >>> if you plan to fly anywhere for the holiday, book your flight right away. >> here's jane king with the bloomberg business report. >>> good morning. if you are thinking of flying over the holidays and don't have a ticket yes, book fast. airfares are up 4% compared to last year now that advanced purchase window can keep costs down if you buy 21 days in advance. if you are looking to save, christmas day airfares are cheaper along with december 27th and 31st, 17th and 18, may be good. congress gearing up to overall haul student loan debt collection wisconsin representative expected to introduce a measure thi
ABC
Dec 3, 2012 5:30pm PST
through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out
ABC
Nov 30, 2012 4:00am PST
this year's christmas trimmings. >> the white house has released its annual holiday video, showing first dog, bo, checking out his newly-decorated diggs with the obamas nowhere in sight. bo goes room-to-room, until he comes face-to-face with a larger-than-life topiary, made in his likeness. >> it looks like bo won the standoff, ending up with the victory santa hat. >>> and a wealthy man from missouri who won't give his name, visited storm-damaged staten long island and new jersey, handing out $100 bills. >> it earned him lots of hugs and kisses and triggered plenty of tears, as well. the man says it's not about the money. but about the random acts of kindness. well done, sir. >> well done. >>> and check out one of the most daring midair stunts, i think. >> a pilot and a skydiver positioned themselves as close together as possible. and, whoosh, the plane appears to fly between the skydiver's legs. and how about this maneuver? the skydiver seems to touch down on top of the plane. >> and the most daring stunt, the plane goes into a twisting free fall. and the pilot pulls up, just in time to cro
ABC
Dec 2, 2012 8:00am PST
. that picture of mitt romney and president obama in the oval office and ask dan senor, the statement that came out of the white house is, maybe if something comes up in the future they can work together, any insight into what really happened? >> not much that i can get into, other than to say -- no, no, they both -- actually, both president obama and governor romney agreed that they would keep it close. i think it was an nteresting discussion, probably more interesting than some of the images that you showed earlier of gore and bush. i take president obama for his word. what he said publicly at that press conference after his elections. they may have talked about some of those issues. i think they'll have an open channel of communication. >> what are republicans going to be looking for mitt romney to do in the future? >> probably raise more money. he had a great campaign team and staff around him. you know, who he supports in 2016 will matter. if he chooses to do that. >> okay, we have to take one more quick break. as we look at this good samaritan picture, the roundtable is going to weigh in
ABC
Dec 5, 2012 1:40am PST
-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand this will be a shared sacrifice, you have to look at spending cuts. states are willing to do more with less. >> the governors didn't endorse a specific proposal, not the white house version or the house republican version, but they did say that something must be done to avoid those massive mandatory spending cuts that will go into effect if no deal is reached. rob and paula, back to you. >> thank you, karen. obviously boehner put his co
ABC
Dec 3, 2012 6:00pm PST
the president ignored reporter questions about that republican plan but later in a statement the white house rejected it. abc 7 news believes a deal will be struck about the deadline, it will be the republican that's give ground. >> i think this time around, obama learned from his past mistakes and importantly, advantage that if he does nothing he's in better shape than republicans oor professor cane says congressional republicans holding middle class cuts hostage in order to force the president's hand. the problem is the g.o.p. cannot afford to carry out that threat and they're blamed for raising everyone's taxes in order to protect the rich and put republican party in a dark hole. >> mark, thank you. >> on wall street today, stock prices fell on concern the deficit deadlock here is hurting the economy. dow jones lost nearly 60 points. nasdaq slid eight points and s and p 500 lost about seven today. >> republicans in california are worried about the possibility of taxes going up because there aren't enough of them in sacramento to block it. lawmakers ushered in a new era today at the capito
ABC
Dec 4, 2012 4:00pm PST
is now coming under fire from within his own party. president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> there are no plans at this time for leaders to meet with the president at the while the house. it doesn'
ABC
Dec 5, 2012 5:00am PST
marzullo, -- lending more freely. katie marzullo, abc7 news. >>> president obama speaks to business leaders this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay bridge enough that it is causing ponding on the embarcadero this morning that's what most of us are going to run into especially east bay highway 4 connects to 680 south of vine hill coming into concord pleasanton down to walnut creek latest update light to moderate rain especially overconcord and pleasant hill highway 4 bay point, pittsburg, antioch highway 4 commute which is usually treacherous any way is going to
ABC
Nov 30, 2012 1:40am PST
. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provis
ABC
Dec 4, 2012 1:40am PST
dig in. the white house demanding higher tax rates for the top two tax brackets, and the republicans refusing. after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is schedul
ABC
Dec 3, 2012 7:00am PST
, president obama released a campaign-style video pushing his plan on now avoid the tax increase on the middle class. john boehner said the white house isn't listening to republicans who demanding cuts. >>> an entire town in louisiana has been evacuated and police have launched a criminal investigation after finding 6 million pounds of explosives stored improperly at the munitions factory you that see here. authorities are now carefully working to move the explosive powder into safe bunkers. >>> public school students in five states will soon be spending more time in class. a lot more. a pilot program is being announced today in the states highlighted on your screens. 20,000 students in those collse schools will spend an extra 3 0 3050 -- 300 hours in class every term, in hopes of making them more competitive with the foreign students. >>> and new concerns this morning about the new "hobbit" film due out this month. in fact, people with the early screening said the film made them stick, literally, the high-speed 3d film actually made them feel queasy as if riding a roller coaster. here's dian
Search Results 0 to 26 of about 27